Starting or growing a business can, and usually does, involve spending in several different areas. And some business owners may find their type of business to be one that lenders pass on due to inexperience with the business type or lack of comfort with the risks....
When it comes to SBA lending, the most common question we hear is, “What’s the difference between the SBA 504 and SBA 7a programs?” Many people are familiar with the better-known 7a and automatically assume that is the best option for financing any...
Are you starting or expanding a business, and in need of a loan to help make it happen? While there are some larger loan options available, many entrepreneurs – particularly freelance, online and home-based businesses – require only a few thousand dollars to get...
Small businesses deserve some special recognition for helping our communities thrive. Not only are they run by courageous entrepreneurs working tirelessly, but they are also the sponsors of little league teams, the community fundraising donors and the employers of...
The decision on when to expand and/or relocate your business is a difficult one. Two of the most recognized hurdles your business may face are: preservation of capital (“Do I have enough cash to expand my business?”); and finding appropriate financing...
Let’s check out some examples of how businesses use the SBA 504 Refinance Program to unlock additional capital and secure low, fixed interest rates on financing, amortized over 20 years, for up to 90% of the appraised value of the commercial real estate...
